Bank · FDIC insured
Minnesota First Savings Rates
Minnesota First’s best savings rate is 2.10% APY on $10,000, with its Premium High Yield Savings Account. Rates checked October 5, 2026.
How Minnesota First’s savings rates compare
Compared with banks and credit unions near Rochester, MN, where Minnesota First has the most branches. $10,000, best rate first.
This bank’s best
Minnesota First
2.10%APY
- Minimum
- $5,000
- Earns on $10,000 a year
- $210
Premium High Yield Savings Account
Top rate
Altra Federal Credit Union
3.75%APY
- Minimum
- $0
- Earns on $10,000 a year
- $375
2nd-highest rate
Luminate Bank
3.50%APY
- Minimum
- —
- Earns on $10,000 a year
- $350
Minnesota First savings score
89
Savings score
Higher than 88% of U.S. banks and credit unions
- $1,000 balance$1,0000.20%
- $10,000 balance$10,0002.10%
- $100,000 balance$100,0002.75%
- QualifiedQualified2.10%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Minnesota First ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Premium High Yield Savings Account
2.10%APY
Must deposit and maintain minimum daily balance of $5,000.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $5,000 – $35,000 | 2.10% | $210 |
| $35,000 – $70,000 | 2.40% | — |
| $70,000 – $100,000 | 2.50% | — |
| $100,000 and up | 2.75% | — |
Sources (2)
All captured Sep 25, 2026
Regular Savings
0.35%APY
Must deposit and maintain minimum daily balance of $200. Minimum withdrawal is $25.00.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $200 – $1,000 | 0.15% | — |
| $1,000 – $2,500 | 0.20% | — |
| $2,500 – $25,000 | 0.35% | $35 |
| $25,000 and up | 0.50% | — |
Sources (2)
All captured Sep 25, 2026
Special-purpose accounts
Little Savers
0.65%APY
For individuals 18 years of age and under. Primary applicant must be 18 years of age or older. Minimum daily balance of $200.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $1,000 | 0.40% | — |
| $1,000 – $2,500 | 0.55% | — |
| $2,500 – $25,000 | 0.65% | $65 |
| $25,000 and up | 0.80% | — |
Sources (3)
- mnfirst.com/wp-content/uploads…gs-Account-Checklist.pdf
- mnfirst.com/owatonna-rates
- mnfirst.com/personal-banking/personal-savings-accounts
All captured Sep 25, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.